Liability to Universal Social Charge (USC) The Universal Social Charge was introduced in Budget 2011 and will be charged on your income in 2011. It replaces the Income Levy & Health Levy charges from previous years. But how will this affect you if you are over 70? once you reached 70 you were not charged the
You may be one of 140,000 to receive a nasty surprise in your first payslip of the new year 2011. The recent changes in tax from Budget 2011 will mean that many will see a tax charge on your payslip in January 2011 for the 1st time. All down to the reduction in Tax Credits pushed through
